Shelly Sigo
The Bond Buyer
Bradenton, FL, United States
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Past articles by Shelly:
Major litigation in the Southeast will proceed in 2021
The lawsuits concern bond disclosure in South Carolina, a Florida toll bridge default, and the federal water rights fight between Florida and Georgia. → Read More
Louisiana agrees to do its second transportation P3
The state will use a public-private partnership to replace the 68-year-old Interstate 10 bridge over the Calcasieu River between Westlake and Lake Charles. → Read More
Florida continues fight to dissolve Miami-Dade toll road agency
The legal wrangling over whether the state can control expressways in Miami-Dade County is expected to rage on well into 2021. → Read More
Budget crunch could stall Florida’s new toll road program
Task forces studying three proposed toll road projects failed to conclude if there is a need for the new corridors or modifications of existing roads. → Read More
Louisiana Treasurer John Schroder released from the hospital
The treasurer was released from the hospital Friday after being treated for COVID-19. Louisiana, like most of the country, is seeing a sharp increase in cases. → Read More
Louisiana Treasurer hospitalized, bond commission meeting will proceed
John Schroder, the Louisiana treasurer who also chairs the state bond commission, has been hospitalized with the coronavirus. → Read More
Investor-owned South Carolina utilities settle SEC charges over nuclear project
SCANA Corp. and South Carolina Electric & Gas Co. will pay a $25 million penalty for making false and misleading statements about the failed reactor project. → Read More
Chapter 11 deal between New Orleans archdiocese and bond trustee is rare
Paying post-petition bond interest to an unsecured creditor during the archdiocese's Chapter 11 bankruptcy is unusual, attorneys say. → Read More
Skanska continues exit from U.S. P3 sector with Virginia asset sale
Skanska and its Elizabeth River Crossings partner, Macquarie Infrastructure Partners, will sell the concession to an Abertis Infraestructuras S.A.-led venture. → Read More
Bond trustee negotiates deal with bankrupt New Orleans archdiocese
TMI Trust agreed to a settlement that allows bondholders to be paid interest during the Chapter 11 case of the Roman Catholic Archdiocese of New Orleans. → Read More
Virginia breaks ground on its largest infrastructure project
The Hampton Roads Bridge-Tunnel expansion is a "tailor-made" stimulus that will help offset the pandemic-spurred downturn, infrastructure experts say. → Read More
More pain for bondholders in long-running Florida toll bridge default
The Florida Department of Transportation extended the suspension of Garcon Point Bridge toll collections because it is being used as a detour. → Read More
Florida revenues down 6.8% in September compared to a year ago
The most significant revenue loss in Florida continues to be the drop in sales tax collections in the tourism and hospitality industries. → Read More
Santee Cooper OKs bond deal oversubscribed more than five times
South Carolina-owned utility Santee Cooper issued A-rated revenue and refunding bonds that achieved $134 million in net present value savings and drew $3.5 billion in orders from yield-starved investors. → Read More
Coronavirus triggers a convention center hotel reserve draw
The city of Myrtle Beach, South Carolina, will honor its backup pledge to replenish the Myrtle Beach Convention Center Hotel Corp.’s debt service reserve fund. → Read More
Hilltop Securities adds five to its muni team in Charlotte
Five new muni professionals join Hilltop Securities’ debt and fixed income capital market teams; all of them came from Wells Fargo. → Read More
Florida-based Bryant Miller Olive celebrates 50 years of public finance law
Bryant Miller Olive PA has practiced public finance and governmental law across the Sunshine State and the Southeast for five decades. → Read More
Public scrutiny ahead for Florida's massive bond-financed toll-road program
Florida is taking public comments about a toll road program that would add more than 300 miles of highway across broad swathes of the state. → Read More
Issuers that settled Georgia nuclear power lawsuit get upgrades
Georgia's MEAG Power, Jacksonville, Florida, and its utility, JEA, received two-notch rating boosts from Moody’s after settling their federal lawsuit. → Read More
Florida’s revenue rises in August; still lags 2019
Even with revised estimates amid the pandemic, year-over-year revenue collections in Florida were down 4.6% in August compared with 2019. → Read More